Strong gains. But the major averages did manage to record their best week since late november. Volume was light on this holiday short and trading session and by the early close today the Dow Jones Industrials were off 50 points to 17,552. Nasdaq gained a wopping 2. 5 points and the s p 500 dropped 3. For the week, all the major averages rose about 2. 5 or more. Oil had a big week with prices for domestic crude rising roughly 9 . But be of good cheer there was some positive news today on the economy. Jobless claims fell to a near 42 year low. The number of americans filing for Unemployment Benefits dropped more than expected last week as the Labor Department continues to tighten. Initial claims declined 5,000 to a seasonally adjusted 267,000 for the weekended december 19th. Well, Consumer Spending of course makes up a huge portion of Economic Activity in the United States and like wreaths, eggnog and carols last minute shopping is part of the christmas tradition. This year is no differe
The east bay as well. Anny hong here is also a like look a what is happening in part to the oriole we are looking at in the south made temperatures are also pretty mild you can see we have a little more widespread rain to parts of morgan hill area just south of san Jose Milpitas and a status as well and to take a look at the peninsula things theyre asking pretty quiet a second look at the when the advisory the when divisor continues until 4 00 today this is for many of the north and east bay hills parts of the Livermore Valley were seeing some steady winds of to 30 m. P. H. Gust of 2 50 mi. To our watch out for fallen trees and limbs and also parliament the wind speed at this moment of 50 m. P. H. For concord in fairfield quite when the oakland and 30 mi. From our 25 a little more just one hour and half will play on 17 in redwood city. Anny hong sfo 45 mi. From our right now for it in a bottle. Oakland 36 a little more so quite windy for the next few hours the still hold or to some lig
Strong gains. But the major averages did manage to record their best week since late november. Volume was light on this holiday short and trading session and by the early close today the Dow Jones Industrials were off 50 points to 17,552. Nasdaq gained a wopping 2. 5 points and the s p 500 dropped 3. For the week, all the major averages rose about 2. 5 or more. Oil had a big week with prices for domestic crude rising roughly 9 . But be of good cheer there was some positive news today on the economy. Jobless claims fell to a near 42 year low. The number of americans filing for Unemployment Benefits dropped more than expected last week as the Labor Department continues to tighten. Initial claims declined 5,000 to a seasonally adjusted 267,000 for the weekended december 19th. Well, Consumer Spending of course makes up a huge portion of Economic Activity in the United States and like wreaths, eggnog and carols last minute shopping is part of the christmas tradition. This year is no differe
Strong gains. But the major averages did manage to record their best week since late november. Volume was light on this holiday short and trading session and by the early close today the Dow Jones Industrials were off 50 points to 17,552. Nasdaq gained a wopping 2. 5 points and the s p 500 dropped 3. For the week, all the major averages rose about 2. 5 or more. Oil had a big week with prices for domestic crude rising roughly 9 . But be of good cheer there was some positive news today on the economy. Jobless claims fell to a near 42 year low. The number of americans filing for Unemployment Benefits dropped more than expected last week as the Labor Department continues to tighten. Initial claims declined 5,000 to a seasonally adjusted 267,000 for the weekended december 19th. Well, Consumer Spending of course makes up a huge portion of Economic Activity in the United States and like wreaths, eggnog and carols last minute shopping is part of the christmas tradition. This year is no differe
All while dealing with a personal struggle. I had nine months to a year to live. They put me on aggressive chemotherapy. I said, i have an obligation to resign if i cant handle the chemotherapy. Robert benmosche was born in brooklyn in 1944. His father moved his family to the catskill mountains. He left the family was left a quarter Million Dollars in debt. From there, having enough money became a driving force in benmosches life. He rose up the ranks in some of the biggest firms in wall street. He became ceo at metlife. In 2009, he took on his biggest job. Turning around the ship at aig. It was in croatia that he took the job. At times, one of the most hated characters in the financial world. During a boat ride along the adriatic coast, benmosche explained how he fell in love with the country years ago. We came here in 1987 with about 250 people. So this was like their reward. They all thought it was a joke. And then they came here and said, this is unbelievable. I decided, in 2000 af